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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 365 $ 564
Adjustments to reconcile net income to net cash from operating activities-    
Depreciation, amortization and impairments 763 657
Asset Retirement Obligation, Period Increase (Decrease) 207 0
Deferred income taxes and investment tax credits, net 165 133
Employee benefit costs, net (13) (7)
Pension trust contribution 0 (750)
Pension and OPEB mark-to-market adjustment 0 (59)
Transmission revenue collections, net 28 (65)
Changes in current assets and liabilities-    
Receivables (216) 110
Materials and supplies (24) (28)
Prepaid taxes and other current assets (155) (128)
Accounts payable 119 (303)
Accrued taxes (111) (64)
Accrued interest (8) 29
Accrued compensation and benefits (159) (65)
Other current liabilities 49 (14)
Collateral, net 91 (190)
Employee benefit plan funding and related payments (31) (30)
Other 2 (3)
Net cash provided from (used for) operating activities 1,072 (213)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital investments (1,732) (1,418)
Sales of investment securities held in trusts 17 18
Purchases of investment securities held in trusts (24) (24)
Asset removal costs (135) (117)
Other (2) (6)
Net cash used for investing activities (1,876) (1,547)
New financing-    
Long-term debt 400 2,600
Short-term borrowings, net 20 250
Redemptions and repayments-    
Long-term debt (1,386) (515)
Proceeds from FET Equity Interest Sale (Note 1) 2,300 0
Noncontrolling interest cash distributions (15) (53)
Common stock dividend payments (480) (447)
Debt issuance and redemption costs, and other (111) (67)
Net cash provided from financing activities 728 1,768
Net change in cash, cash equivalents, and restricted cash (76) 8
Cash, cash equivalents, and restricted cash at beginning of period 179 206
Cash, cash equivalents, and restricted cash at end of period 103 214
Significant non-cash transactions:    
Accrued capital investments $ 230 $ 143